Volkswagen:Competition From China EVs: Difference between revisions

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== Growth of Chinese EV Imports In Europe ==


== Profitability of Chinese EV Makers ==
== Profitability of Chinese EV Makers ==
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* BYD plans to complete the construction of the Szeged plant within 3 years. It also plans to start production in late 2025<ref name=":2" />.
* BYD plans to complete the construction of the Szeged plant within 3 years. It also plans to start production in late 2025<ref name=":2" />.
* On May 2024, BYD's European director Michael Shu  announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>.
* On May 2024, BYD's European director Michael Shu  announced that the company is considering building a second plant in Europe in 2025. Michael Shu pointed out that BYD's '''Seagull model which starts in China at less than $10,000 will cost less than $20,000 in Europe.''' He added that they want to become a leading EV manufacturer in Europe by 2030<ref>https://www.reuters.com/business/autos-transportation/byd-will-consider-second-european-plant-2025executive-says-2024-05-09/</ref>.
== How Is The Quality of Chinese EVs Sold In Europe? ==


== References ==
== References ==